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PHILOMATH, OR 97370

Real Estate Market Report  ·  Benton County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PHILOMATH, OR real estate market (97370) currently shows 18 active listings, with 4 pending sales. Homes are averaging 127 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 127 days on market compared to 85 days last year.

The median listing price has fallen 14.4% year-over-year, from $650,000 to $556,675.

Whether you are buying or selling in PHILOMATH, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 9,193  ·  Density: 19.9/mi²  ·  Median household income: $90,080

Typical home value: $387,807  ·  Homeownership: 77.3%

Market Overview

Active Listings
18
⇩ 18.2% vs 22 last year
Pending
4
22% pending ratio
Median Price
$556,675
⇩ 14.4% vs $650,000 last year
Average Price
$716,969
⇧ 19.7% vs $598,986 last year
Days on Market
127
⇧ 49.4% vs 85 days last year

Price Per Square Foot

Median $/sqft
$253
⇩ 16.8% vs $304/sqft last year
Median Home Size
2,312 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 22 last year
  • Days on market: 127 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $556,675 (-14.4% YoY)
  • Average: $716,969 (+19.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.2 miles — 408 listings ($269,553,534 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97370Philomath, OR 973700.0 mi20$14,973,900$589,750$748,695
97330Corvallis, OR 9733010.2 mi88$66,108,416$671,343$751,232
97343Eddyville, OR 9734312.9 mi2$2,900,000$1,450,000$1,450,000
97321Albany, OR 9732117.2 mi105$65,966,145$559,368$628,249
97324Alsea, OR 9732418.1 mi2$1,520,000$760,000$760,000
97377Shedd, OR 9737719.8 mi3$3,750,000$1,250,000$1,250,000
97357Logsden, OR 9735720.3 mi2$860,000$430,000$430,000
97348Halsey, OR 9734821.5 mi5$3,400,000$450,000$680,000
97351Independence, OR 9735123.0 mi31$20,291,360$440,000$654,560
97390Tidewater, OR 9739025.4 mi3$1,332,999$435,000$444,333
97338Dallas, OR 9733825.5 mi115$67,051,670$470,000$583,058
97380Siletz, OR 9738026.8 mi4$4,277,800$1,059,475$1,069,450
97448Junction City, OR 9744827.2 mi28$17,121,244$537,400$611,473

Frequently Asked Questions

How many homes are for sale in PHILOMATH, OR 97370?

As of March 2026, there are 18 active listings in PHILOMATH, OR (zip code 97370), compared to 22 the prior year.

What is the median home price in PHILOMATH, OR 97370?

The median listing price in PHILOMATH, OR 97370 is $556,675 as of March 2026, a 14.4% decrease from $650,000 the prior year.

How long do homes stay on the market in PHILOMATH, OR?

Homes in PHILOMATH, OR 97370 spend an average of 127 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in PHILOMATH, OR 97370?

Based on current inventory and days-on-market data as of March 2026, PHILOMATH, OR 97370 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 127 days on market compared to 85 days last year.

How much can I save on real estate commission in PHILOMATH, OR?

With SELL123.com's maximum 3% commission, sellers in PHILOMATH, OR 97370 save an estimated $11,134 compared to a typical 5% commission on the median listing price of $556,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.